<h1>Sovereign Gold Bond Scheme Attracts 63,000 Retail Investors, Gold Monetisation Scheme Sees Limited Engagement.</h1> The Sovereign Gold Bond Scheme (SGB) received a strong response from retail investors, with 63,000 applications totaling Rs. 246.20 crore for 917 kgs of gold. Launched by the Prime Minister in November 2015, the scheme aims to shift gold investment from physical to financial savings. Conversely, the Gold Monetisation Scheme (GMS), which seeks to mobilize household and institutional gold, saw limited engagement. To enhance participation, several measures were introduced, such as allowing direct deposits to refiners and clarifying tax exemptions. The government will continue to monitor and improve these schemes to increase their reach and effectiveness.